To schedule a showing of 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!

$774,900 Reduced -$20,099
5270 Gulf of Mexico Drive UNIT #508
Longboat Key, FL 34228
  • 3Beds
  • 3.00Total Baths
  • 3 Full, 0 HalfBaths
  • 1,460SqFt
  • 1974Year Built
  • 0.00Acres
  • MLS# A4673695
  • Residential
  • Condominium
  • Active

  • Approx Time on Market6 months, 20 days
  • Area34228 - Longboat Key
  • CountyManatee
  • Subdivision The Banyan Bay Club

Overview

Rarely available and beautifully positioned, this 3-bedroom, 3-bath fully furnished residence with UNOBSTRUCTED FULL BAY VIEWS invites you to experience true beach-to-bay living in the coveted community of Banyan Bay on the north end of Longboat Key. From sunrise coffees on your private terrace to evenings spent watching dolphins glide across the bay, this home offers an effortless blend of comfort, coastal elegance, and unforgettable daily moments. Set within an intimate community of just 26 Bayside and 18 Gulf side residences, Banyan Bay provides a peaceful retreat with exceptional amenities. Start your mornings with a stroll along your private Gulf beach access, join neighbors for a friendly match on the tennis/pickleball court, launch a kayak directly onto the bay, or unwind by the heated pool after a day on the water. A day dock/fishing pier, fitness center, clubhouse, and convenient bicycle storage further enhance the lifestyle of this warm, social community. Inside, more than 1,400 square feet of thoughtfully designed living space showcases a spacious kitchen with granite countertops, SS appliances, and a breakfast bar and nook ideal for casual dining or gathering with friends. The open great-room layout features soaring ceilings that fill the home with natural light and frame the captivating bayfront scenery. The primary suite offers its own private terrace overlooking the shimmering waterperfect for quiet mornings or evening breezes. A guest suite on the main level ensures comfort and privacy, while a charming spiral staircase leads to a versatile loft and a spacious third bedroom suiteideal for hosting visitors, working remotely, or enjoying a dedicated creative space. Terra cotta tile flooring throughout the first level brings warmth and coastal character, while Tommy Bahama inspired finishes make this turnkey furnished residence truly move-in-ready. Beyond the community, youll find yourself within walking-distance to restaurants and the Centre Shops. Durante Park and the Longboat Key Center for the Arts are just moments away, adding convenience and charm to the neighborhood. Discover the rare combination of lifestyle, location, and waterfront living that only Banyan Bay can offerwhere every day feels like a coastal escape.



Agriculture / Farm

Association Fees / Info

Community Features:  Clubhouse, Fitness, Fishing, Pool, RecreationArea, TennisCourts, Waterfront

Pets Allowed:  Yes

Hoa Fees Frequency:  Quarterly

Association:  Yes

Association Amenities:  FitnessCenter, Pickleball, RecreationFacilities, Storage, TennisCourts

Association Fee Includes:  AssociationManagement, CommonAreas, Insurance, Internet, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, RecreationFacilities, ReserveFund, Sewer, Taxes, Trash, Water

Hoa Fees:  5289

Bathroom Info

Total Baths:  3.00

Fullbaths:  3

Building Info

Window Features:  WindowTreatments

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  Contemporary

Pool Features:  Gunite, Heated, InGround, Tile, Community

Patio:  Covered, Deck, Patio, Porch, Screened

Exterior Features:  SprinklerIrrigation, OutdoorGrill, TennisCourts

Fees / Restrictions

Financial

Original Price:  $794,999

Disclosures:  CovenantsRestrictionsDisclosure,FloodPlainDisclosure

Garage / Parking

Parking Features:  Assigned

Carport:  Yes

Car Ports:  1

Green / Env Info

Interior Features

Floors:  Carpet, CeramicTile

Levels:  Two

Laundry Features:  Inside

Interior Features:  CeilingFans, CathedralCeilings, EatInKitchen, HighCeilings, MainLevelPrimary, OpenFloorplan, StoneCounters, SplitBedrooms, VaultedCeilings, WalkInClosets, WindowTreatments, Loft

Appliances:  Dryer, Dishwasher, ElectricWaterHeater, Microwave, Range, Refrigerator, Washer

Lot Info

Direction Remarks:  Take Gulf of Mexico Drive to Banyan Bay Club - 5270 is on the bay side - Unit 508 at back of complex on bay.

Lot Size Units:  Acres

Lot Desc:  FloodZone, NearGolfCourse, OutsideCityLimits, NearPublicTransit, BuyerApprovalRequired, Landscaped

Misc

Other

Special Conditions:  None

Security Features:  SecuritySystem, SmokeDetectors

Other Rooms Info

Property Info

Section:  25

Class Type:  Condominium

Property Sub Type:  Condominium

Construction Materials:  Block, Stucco

Stories:  2

Total Stories:  2

Foundation:  Slab

Human Modified:  Yes

Room Info

Total Rooms:  7

Sqft Info

Sqft:  1,460

Bulding Area Sqft:  1,596

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  508

Tax Legal Description:  UNIT 508 BANYAN BAY CLUB THE, A CONDO PI#79938.1205/1

Tax Annual Amount:  4860.61

Tax Book Number:  5-18

Unit Info

Unit:  508

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, HighSpeedInternetAvailable

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  BayAccess, Bayfront, DeededAccess, GulfAccess

View:  Yes

Water Body Name:  SARASOTA BAY

View:  Bay, Water

Schools

Elem:  Anna Maria Elementary

Middle:  Martha B. King Middle

High:  Bayshore High

Directions

Take Gulf of Mexico Drive to Banyan Bay Club - 5270 is on the bay side - Unit 508 at back of complex on bay.

This listing courtesy of Michael Saunders & Company 

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Price & Status History (on davidshippey.com since Mon, Dec 1st 2025)
  • Original Price: $794,999
  • Current Price: $774,900
  • Price Reduced: $20,099
Date ChangedFromTo
03/26/2026$794,999 $774,900 Reduced by $20,099

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If you have any questions on 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida, please call David Shippey at 863-521-4517.


MLS# A4673695 located at 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida is brought to you by David Shippey REALTOR®

5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida has 3 Beds, 3 Full Bath, and 0 Half Bath.
The MLS Number for 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida is A4673695.
The price for 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida is $774,900.
The status of 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida is Active.
The subdivision of 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida is The Banyan Bay Club.
The home located at 5270 Gulf of Mexico Drive UNIT #508, Longboat Key, Florida was built in 2026.